Target pricing is useful companies that have little control over market prices

Name: Target pricing is useful companies that have little control over market prices
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Revenue management is a strategy used by capacity constrained businesses such as airlines, hotels, and rental car companies to maximize their revenue by dynamically adjusting prices and availability based on demand and capacity. Therefore, understanding the basics of revenue management is crucial for such businesses to thrive.

Target Pricing Is Useful Companies That Have Little Control Over